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SCM: Acquiring 50% of Crushing & Grinding Operation; Antimony Deal Terminated
SUMMARY
- What you need to know: • Steadright has entered into a definitive Share Purchase Agreement to acquire a 50% interest in a Moroccan company holding crushing, grinding, and quarrying assets.
- • Total consideration consists of 10M shares (at C$0.20/share) plus a €0.7M cash pass-through payment, with SCM also committing up to C$480K toward equipment and site rehabilitation.
- • The assets will provide processing optionality for SCM’s Moroccan properties across the exploration and development phases.
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- SCM: Acquiring 50% of Crushing & Grinding Operation; Antimony Deal Terminated30 Jun 2026
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